How I turned $5k into $47k (and then back to $8k)
The $GME trade was lightning in a bottle. I was there for the original squeeze. Made 800%. Gave back 600% trying to ride the second wave. First squeeze real. Everything after is casino.
52 Comments
This is essentially what a financial advisor charges $5k to tell you.
What's your thoughts on the downside risk here?
Fees really do compound in the wrong direction.
This is the way.
Appreciate you sharing the L's too. Most people only post wins.
Exactly. The sequence-of-returns issue is severely underappreciated.
The behavioral aspect of investing is so underrated.
This is the post I needed. Exactly my situation.
The fee math always surprises people when you actually do it out.
The behavioral aspect of investing is so underrated.
The international allocation debate never gets old.
The international allocation debate never gets old.
What's your thoughts on the downside risk here?
I've been burned by this before. Your caution is warranted.
What's your target withdrawal rate in retirement?
Counterintuitively, the best time to buy is when you're most scared.
FIRE community is the most underrated corner of personal finance.
Counterpoint: what happens if rates stay elevated longer?
The international allocation debate never gets old.
Counterintuitively, the best time to buy is when you're most scared.
Been saying this for years. Nice to see it laid out clearly.
This is the way.
Fees really do compound in the wrong direction.
Appreciate you sharing the L's too. Most people only post wins.
What's your thoughts on the downside risk here?
The international allocation debate never gets old.
Have you stress tested this against a 40% drawdown?
Good luck! Keep us updated.
The hardest part is just not touching it during a crash.
The fee math always surprises people when you actually do it out.
Exactly. The sequence-of-returns issue is severely underappreciated.
The hardest part is just not touching it during a crash.
What catalyst are you watching for?
Been saying this for years. Nice to see it laid out clearly.
Mind sharing your full allocation?
Been saying this for years. Nice to see it laid out clearly.
FIRE community is the most underrated corner of personal finance.
The psychology of money matters as much as the math.
Fees really do compound in the wrong direction.
How does this compare to just buying VTI and forgetting about it?
This is the way.
The exit strategy is what most people don't think about.
Have you considered the tax implications of this approach?
Have you stress tested this against a 40% drawdown?
This is the way.
This is essentially what a financial advisor charges $5k to tell you.
The hardest part is just not touching it during a crash.
The exit strategy is what most people don't think about.
Love the transparency. This community needs more of this.
What brokerage are you using for this?
How long have you been doing this? Impressive numbers.
The behavioral aspect of investing is so underrated.
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